Regional Economic Outlook, November 2007, Europe: Strengthening Financial Systems
Electronic Access:
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Summary:
Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financial market turmoil, while implementing fiscal consolidation and structural reforms, including in the financial sector, to address vulnerabilities, raise medium-term growth prospects, and deliver on the promise of convergence for emerging Europe. Three analytical chapters discuss reforms to strengthen Europe's financial systems to allow advanced economies to benefit from innovation without incurring excessive risk and, in emerging economies, to manage rapid financial deepening and develop financial systems further.
Series:
November 2007
Subject:
Banking Credit Financial institutions Financial markets Financial sector development Government securities Money Securities markets Stock markets
Notes:
Also available in French and Russian.
Frequency:
Biannually
English
Publication Date:
November 15, 2007
ISBN/ISSN:
9781589066748/2071-4157
Stock No:
REOEUREA2007001
Pages:
73
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